Cement News tagged: International

Huaxin to set up Nepal cement plant

02 January 2018, Published under Cement News

Huaxin Cement (China) has signed an investment agreement with the Investment Board Nepal (IBN) to invest US$140m to establish a 1Mta cement plant in the country, according to a report in the Himalayan Times. The agreement was signed by Maha Prasad Adhikari, CEO of IBN, and Liu Jianguo, overseas development director of Huaxin Cement. The IBN board, which is chaired by the prime minister, wil...

Vietnam cement production reaches 80Mt in 2017

28 December 2017, Published under Cement News

Cement production in Vietnam reached 80Mt in 2017, up six per cent on the year before, according to local press reports. This figure was recorded by the Department of Construction Material under the Ministry of Construction. The department reported that local cement consumption this year had reached 62Mt, representing a YoY increase of three per cent. Meanwhile, the cement export volume rose...

ACC Ltd expects demand to stay on course in 2018

28 December 2017, Published under Cement News

ACC Limited expects demand for cement in India to stay on course in the coming year. In its outlook for 2018, the company stated how the plans by the Government of India to boost economic growth and develop 100 smart cities will provide increased construction activity. “[The Government of India] plans to increase investment in infrastructure, as well as expand the capacity of railways and the...

Cement exports from Pakistan contract in 5MFY18

03 January 2018, Published under Cement News

Pakistan's export of cement during the first five months of current financial year (July-November 2017) recorded a YoY fall of 17.3 and 19.52 per cent in terms of quantity and US dollar value, respectively, according to data released by the Federal Bureau of Statistics, Government of Pakistan. The breakdown shows that Pakistan exported 2.059Mt of cement and earned export revenues of US$104.0...

US Portland and blended cement shipments up 5% in October

US Portland and blended cement shipments up 5% in October

22 December 2017, Published under Cement News

Total Portland and blended cement shipments in the USA and Puerto Rico in October increased 4.9 per cent YoY in October 2017, according to data from the US Geological Survey (USGS). Texas, California, Florida, Ohio and New York were the five largest consuming states (in descending order) and accounted for around 37 per cent of national demand. To meet the total demand of 9.424Mt, some 8.284M...

Iran's output falls 4% YoY in 6MFY17-18

22 December 2017, Published under Cement News

The output of Iran’s cement industry fell by 3.7 per cent YoY to 28.5Mt for the first six months of the current financial year (started 20 March 2017), according to Trend News Agency. Despite this decline in output, the country’s capacity has increased within 2017 to 83Mta from 72 plants. Deterioration in Iran’s cement exports means that it lost its 2014 ranking of second-largest exporter i...

Cement demand in Peru up 2.5% in November

Cement demand in Peru up 2.5% in November

21 December 2017, Published under Cement News

Cement consumption in Peru totalled 0.902Mt in November, representing a 2.5 per cent YoY rise but a MoM drop of 2.5 per cent, according to Asocem, the country’s cement association. Output from Peru’s cement plants increased six per cent YoY but declined 3.3 per cent MoM to 0.892Mt in November 2017.  Between January-November 2017, domestic dispatches reached 8.709Mt, representing a 1.1 p...

Cementos Especiales de las Islas works demolition starts

21 December 2017, Published under Cement News

The demolition of Cementos Especiales de las Islas started on 20 December. Located on the northeastern boundary of Puerto-Ciudad, Las Palmas de Gran Canaria, the cement plant was one of the few industrial facilities that remained in the area before the moving out of most industry. The cement plant makes way for the area’s ambitious regeneration plan that will see the port be transformed int...

Event held to review standardisation of cement in Nigeria

21 December 2017, Published under Cement News

Officials from the Standard Organisation of Nigeria (SON), representatives of professional bodies in the construction industry and academics recently reviewed the quality of Nigerian cement and ensure that it was meeting the requirements of the International Standard Organisation, according to the Nigerian Tribune.  Director of Standard, Chinyere Ifeoma, acknowledged the high demand for qua...

Sino Zimbabwe seeks land for industrial park and housing

21 December 2017, Published under Cement News

Sino Zimbabwe Cement is seeking land from Zimbabwe’s government to build an industrial park and housing on the outskirts of Gweru. In addition, it has approached the government to acquire 2500m2 in Gweru’s central business district for the construction of administrative offices. “Sino Zimbabwe Cement has approached us seeking land for its various projects.They want land from Gweru City Coun...

Coal price to come down, freight rates to harden

21 December 2017, Published under Cement News

Chinese coal prices, which have fluctuated between CNY550-750/t (US$83.60-114/t) in the past two years, are set to ease going forward, as it is anticipated that the country's policy makers will allow Chinese miners to increase production again in response to prices reaching the upper range of US$100/t in Newcastle. Coal producers outside China are also ramping up production, tempted by the ...

ENERGY – OPEC consolidates oil while India shakes petcoke, coal high

20 December 2017, Published under Cement News

Prices at a glance Crude oil - bbl US$64.00 Coal API 4 - 1Q18 US$91.25 Coal API 4 - Cal2018 US$88.00 Petcoke USGC 4.5% 40HGI FOB US$82.00 USGC 4.5% 40HGI cf ARA US$100.50 USGC 6.5% 40HGI FOB US$72.50 USGC 6.5% 40HGI cf ARA US$91.00 In November the US dollar was supported by...

Indian cement prices to increase by January

20 December 2017, Published under Cement News

Cement prices in India are expected to increase by INR3-4/bag by mid-January as the government has decided to hike the import duty on petcoke from the current 2.5 to 10 per cent. The rise in duty is expected to increase production costs by INR50-60/t and sector analysts predict the increase will be passed on to customers. "In case they are not passing it on, their EBITDA is likely to ge...

Vietnam faces an increase in oversupply

19 December 2017, Published under Cement News

Vietnam is expected to increase its supply glut in the run-up to 2020, according to Vietnam Net. By 2020 total domestic cement capacity is expected to reach 120-130Mta while domestic demand is forecast to increase by 5-6Mta to reach 82Mt by 2020. This would result in an oversupply of 36-47Mt. The Vietnamese cement industry has been raising its supply by 6.8Mt last year as Song Lam cement pla...

Cement output in Azerbaijan up 25% in 11M17

19 December 2017, Published under Cement News

Production of cement in Azerbaijan increased by 24.8 per cent to 2.66Mt in the first 11 months of 2017, according to Trend News Agency. In addition, ready-mix concrete production increased by 75.4 per cent to 678,300t while production of prefabricated concrete structures saw a 1.7 times hike to 141,200m 3 .

Uzbekistan plans to produce 9.2Mt in 2018

19 December 2017, Published under Cement News

The government of Uzbekistan has approved a balance of production and consumption of cement for 2018. The country plans to produce 9.198Mt of cement in 2018, with Uzstroymateriali to produce 7.775Mt. Almalyk Mining and Metallurgy Combine’s output is expected to reach 998,000t and other companies some 425,000t. The forecast domestic consumption will surpass 9.534Mt, which will include 37...